YLZ(SZ:300096)2025-01-23 09:32Financial Performance Forecast - The company expects a net profit loss of between 45 million and 58 million RMB for the fiscal year 2024, compared to a profit of 37.05 million RMB in the same period last year[3]. - Operating revenue is projected to be between 540 million and 690 million RMB, a decrease from 797.42 million RMB in the previous year[3]. - The net loss after deducting non-recurring gains and losses is estimated to be between 49 million and 63 million RMB, compared to a loss of 143.34 million RMB last year[3]. Revenue Decline Factors - The decline in revenue is primarily attributed to a decrease in IC card revenue due to a drop in the issuance volume of the third-generation social security cards and the disposal of a controlling subsidiary[7]. - Non-recurring gains and losses are expected to impact net profit by approximately 4 to 5 million RMB, mainly from government subsidies and non-current asset disposal gains[7]. Legal and Contingent Liabilities - The company has fully accrued a contingent liability of 58.82 million RMB based on a first-instance judgment related to a lawsuit, which may impact the 2024 performance depending on the outcome of the ongoing appeal[5]. - The ongoing litigation regarding related illegal guarantees and loans may significantly affect the company's 2024 performance if the judgment is unfavorable[8]. Management and Operational Focus - The company is focusing on enhancing management efficiency and cost control to reduce the net loss compared to the previous year[7]. - The company emphasizes that the performance forecast is based on preliminary estimates and has not been audited by an external accounting firm[6]. - The company will continue to monitor the situation and fulfill its information disclosure obligations as necessary[9].